Lindahl advised Swedencare AB.
Swedencare AB acquired 100% of the British company Nutravet (UK) Limited. The purchase price amounts to approximately 375 million SEK and consists of a cash amount of approximately 281 million SEK and a directed new share issue of 580 769 shares in Swedencare to the seller upon closing, which is expected to take place on October 1st, 2020.
Through the acquisition Swedencare will receive a comprehensive and unique product portfolio of nutraceuticals in the premium segment for dogs, cats and equine which are sold exclusively to thousands of British and European veterinary clinics and animal hospitals.
Nutravet was founded in 2008 and is today Britain’s leading “exclusive-to-vet”-company which sells in-house developed products to thousands of veterinary clinics and animal hospitals. In 2017, a comprehensive cooperation was initiated with Europe’s largest veterinary care provider comprising an expansive network of clinics, hospitals and out-of-hour centers based across 11 countries. The cooperation so far has been in the UK but will start launching in other countries as well during the years to come. Nutravet’s product portfolio covers the most therapy areas in animal health care, except for dental products.
Swedencare develop, produce, market, and sell premium products on the global and fast-growing market within animal healthcare for cats, dogs and horses. The product groups ProDen PlaqueOff®, Stratford and NutriScience are represented on approximately fifty markets in all parts of the world, including the headquarter in Malmö, eight subsidiaries in the Nordics, United States, France, Spain, Greece, Great Britain and Ireland and through an external distribution network. Swedencare’s sales have increased significantly over the last few years with strong margins and results.The board of directors and the management have a wide and extensive experience of international marketing and sales.
Lindahl’s team consisted of Johan Herrström (Picture), Pernilla Skoglösa, Simon Petersson and Christian Sundén.
Law Firms: Lindahl;
Clients: Swedencare AB ;